Katherine Lavacca doesnt have any savings and will have to start paying off student loans this summer.
Still, Lavacca said, shes living the dream.
No Interest Til Almost 2027?
A row of palms near downtown San Jose, Calif., in the heart of Silicon Valley. DenisTangneyJr/Getty Images
It means a 1 1/2-hour commute most mornings for the 32-year-old.
I think I would describe Oakland as being almost like Brooklyn, she said.
Goodman said she doesnt see the cost of living reaching a plateau anytime soon.
But she concedes there will eventually be a breaking point for these cities.
Despite how much they pay, its just too expensive to live there.
So, for example, the the No.
San Jose, California
Local Price Increase:2%
Price Rank:1
2.
San Francisco, California
Price Rank:2
3.
Bridgeport, Connecticut
Local Price Increase:1.8%
Price Rank:5
4.
New York City, New York
Local Price Increase:1.5%
Price Rank:4
5.
Ventura, California
Local Price Increase:1.6%
Price Rank:8
6.
Denver, Colorado
Price Rank:16
7.
Seattle, Washington
Price Rank:12
8.
Honolulu, Hawaii
Local Price Increase:1.2%
Price Rank:3
9.
Boston, Massachusetts
Local Price Increase:1.7%
Price Rank:11
10.
Theyre creating jobs faster than theyre creating housing, said Goodman.
San Francisco being the archetypal example.
But its a problem youre also seeing in dozens of U.S. cities.
In fact, in Boston, its difficult even for those of means to move near the city center.
Thats a high-class problem, Goodman said.
Unfortunately, I dont have a good solution, she said.
Ive thought about it a lot, and I dont have a good solution.
Lavacca, however, misses her beloved hometown grocery store.
In New York, its almost impossible to do that.
Even as a vegan, she can skate by buying in bulk and doing meal prep for the week.
Finally, learn to do cheap stuff by yourself.
Go to do-it-yourself live music shows, which can cost $5 at the door.
Enjoy nature for free.
Alex Mahadevan is a data journalist at The Penny Hoarder.
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